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. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti tooth constitution. why are we doing this? >> i'm as confused. i kint of say how is that working for you? nothing to do with syria, yemen ebipt and this is a mess and so is our policy. >> you are right. but we want to be careful by not ailnating the military. >> do we know, ebipt was a secularist. now, the question here is, is it going to become a sharia. is the brotherhood going to get this power. >> that is the biggest concern. we'll see how that goes on sunday. it would be a shame if egypt was less throw. >> why don't we hold this aid back until talks can lay out and send the state department thing over. the secularists and reformers on the straight don't want to do anything. the f-16s
. >> is this the time to send secretary defense. >> if we are recognizing the opposition there, some reports say that it is full of al qaeda as and iraq and al kid is in syria. it is good that the at min tration is finally doing something. we have beeen sitting on their hands. >> the u.s. is sending 20 more f-16. he is at war with reformers and there are rights there. we no no idea what this consti tooth constitution. why are we doing this? >> i'm as confused. i kint of...
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read dowdy representing the defense. they are up by three in this game. even if you lose, the defense is still doing well but of a got confidence in you. >> he is from baltimore. i see what you're trying to do. you're trying to even the score but that's okay. >> maybe i'm trying to help the offense out. chris chester representing the o. you think you'll do well because you used to play with the ravens. >> it's been a while but i spent a lot of time there so i still may remember a thing or two. >> reporter: let's do it. first down. this is such a cake question. what is the large of the city in maryland. >> baltimore. >> going to give that to reed. >> that was pretty easy. >> that was cake. >> reporter: second down, there are three downtown areas along the port. the inner harbor, sells point and the italy. which was featured in the movie sleepless in seattle. >> south point. >> reporter: santana moss played at the u with this -- >> ed read. >> i had it. but too slow. >> reporter: fourth down. you need this to stay alive. cal ripken
read dowdy representing the defense. they are up by three in this game. even if you lose, the defense is still doing well but of a got confidence in you. >> he is from baltimore. i see what you're trying to do. you're trying to even the score but that's okay. >> maybe i'm trying to help the offense out. chris chester representing the o. you think you'll do well because you used to play with the ravens. >> it's been a while but i spent a lot of time there so i still may...
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>> yes. >> australian defense minister. whatever you down there. is warning people, dent use apple maps. it could be fatal. some people got lost in a national park. >> right. giving incomplete instructions. >> right. left at the dingo, right at the crocodile. they were getting stuck. australian police said don't use apple maps, they are dangerous. which is just bizarre. >> it is bizarre. feels like it is a little dire. in terms after warning. >> yeah. if you're under a national park in the outskirts, you're not in the hard streets of melbourne. >> people get lost in those national parks all the time. i get lost in them. follow the national dingos. follow the ants. they are going to water. >> maybe the dingo ate your lunch. >> i'm stopping there. >>> there is a concern that apps aimed at kids may track and store information about them without letting parents know. julia has been following this story for us from los angeles, and she is a mother also. julia, tell us more. >> well, mandy, the title of the fdc's new report says it all. the report is cal
>> yes. >> australian defense minister. whatever you down there. is warning people, dent use apple maps. it could be fatal. some people got lost in a national park. >> right. giving incomplete instructions. >> right. left at the dingo, right at the crocodile. they were getting stuck. australian police said don't use apple maps, they are dangerous. which is just bizarre. >> it is bizarre. feels like it is a little dire. in terms after warning. >> yeah. if...
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joining us now, manhattan institute's senior fellow, the president of the national right to work defense foundation. welcome to you both. let me begin with you. twenty-four states now right to work. the governor, the outgoing governor of new hampshire not vetoing. that would have been 25. that is an impressive, if you will, said of progress to markair. isn't it? >> that's right. this is exciting. with indiana's passage of the 23rd right to work on february 1st in michigan passage, it has been a good year, and it's important to battle. your description of it was spot on. this is about ending compulsory dues payments to union officials. that's it. lou: and listening to the president yesterday, your thought there were trying to tear down collective bargaining to end the right to organize a union. i mean, the hyperbolic language was extraordinary. >> considering that the union movement, $400 million to help them get elected, what would you expect? it's the same thing we saw in wisconsin. actually -- and this has played out in the media. lou: you asked me a question. i'm going to answer it. w
joining us now, manhattan institute's senior fellow, the president of the national right to work defense foundation. welcome to you both. let me begin with you. twenty-four states now right to work. the governor, the outgoing governor of new hampshire not vetoing. that would have been 25. that is an impressive, if you will, said of progress to markair. isn't it? >> that's right. this is exciting. with indiana's passage of the 23rd right to work on february 1st in michigan passage, it has...
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the $1.2 trillion in force budget cuts on the defense department. plus the bush tax cuts. it means we are approaching the 2 trillion-dollar shock to the system. it is the best deal in transit at maximum of maximum spending cuts. the president is talking about two to one. twice as much tax hike is spending cuts. this inverted, it's the best deal for the republicans, both parties and the president agree, and they can't win anybody if we go over the fiscal cliff because that was the deal that they made. tracy: yes, it is crazy. i'm sure you will be talking about it. when you have coming up? >> we have john silva, chief economist at wells fargo to talk about what the new year holds in store for us in the economy. irrespective of the fiscal cliff, we are going to have $270 billion in tax hikes that start effective january 1. thank you, obamacare. nancy pelosi has said that if you want to find out what's in it, just pass it. we are finding out and we are going to have a terrific group of people, including john cruz, the vice president of hsbc, who is the whistleblower on the $1.
the $1.2 trillion in force budget cuts on the defense department. plus the bush tax cuts. it means we are approaching the 2 trillion-dollar shock to the system. it is the best deal in transit at maximum of maximum spending cuts. the president is talking about two to one. twice as much tax hike is spending cuts. this inverted, it's the best deal for the republicans, both parties and the president agree, and they can't win anybody if we go over the fiscal cliff because that was the deal that they...
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we borrowed to do two wars, infrastructure, homeland security, defense, everything, culture, big bird, the whole works, we borrowed $3.6 billion a day? we don't we were know what $1 trillion is. you say the big bang theory of the universe, the planets and the sun, spinning off, that happened 13 billion years ago and that isn't close to a trillion and we owe $16 trillion those babies. have a drink. wake up! >>neil: good words, senator, thank you. >>guest: take care my friend. >>neil: senator simpson, he knows the match and so does kentucky senator rand paul who argues that, look, you can race to get a deal done but if it is a bad deal, maybe to that point, senator, a deal weighted on tax hikes, you would not be to that and it would cause more harm than good. >>guest: i have to say my kids saw you as have hero and they thought maybe your mom method you were special. >>neil: pile on, pile on the italian anchor. that is a genuine reflection of who i am. >>guest: i am sure your mom thinks you are special. >>neil: you think what isn't special the way they are going about the process and in
we borrowed to do two wars, infrastructure, homeland security, defense, everything, culture, big bird, the whole works, we borrowed $3.6 billion a day? we don't we were know what $1 trillion is. you say the big bang theory of the universe, the planets and the sun, spinning off, that happened 13 billion years ago and that isn't close to a trillion and we owe $16 trillion those babies. have a drink. wake up! >>neil: good words, senator, thank you. >>guest: take care my friend....
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was evidence that the syrian government was preparing for potential chemical weapons, but yesterday, defense secretary leon panetta said new intelligence shows they may be backing off. >>> well, now to west virginia. did you see this? a national gas line exploded in a town just ten miles north of charleston. at first, witnesses thought a plane had crash, as the flames shot up over 75 feet in the air before it was put out. at least five homes up in flames, destroyed, and a portion of the nearby freeway was damaged. officials say the area within 1,000 feet of the explosion site was evacuated. many of the surrounding area still without power. people were treated for smoke inhalation. no major injuries, amazingly, where reported in that natural gas line blaze. >>> the national transportation safety board, of course, will launch an investigation. >>> and finally, grammar winner and virtuoso star ravi shankar has died. you've probably heard his influence in the most famous music. he became friends with the beatle and a longtime collaborator with george harrison. he burst on to the western music sc
was evidence that the syrian government was preparing for potential chemical weapons, but yesterday, defense secretary leon panetta said new intelligence shows they may be backing off. >>> well, now to west virginia. did you see this? a national gas line exploded in a town just ten miles north of charleston. at first, witnesses thought a plane had crash, as the flames shot up over 75 feet in the air before it was put out. at least five homes up in flames, destroyed, and a portion of...
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he was stunned by his own defense minister. i think it's a mistake right now to view the egyptian defense people as hostile or, acting contrary to their own country's interests. if egypt falls apart, everything falls a i part. -- apart. they don't want that. melissa: mike barrett, this is great point. in some sense wee don't know who we're giving the planes to. >> i used to live in turkey. i love it as a country. we see islamist oriented government has taken over the reins in terms of military. they put the senior military officers on trial. as a result they now exert a lot more political influence over this. while i agree with judy on the point the egyptian military is the not problem. what i'm worried who will give orders to the egyptian military in a year, two years, three years. melissa: what is the best way to play that? we all agree there is a lot of uncertainty in the situation. it is incredibly volatile. everyone in charge or in power over there may or may not be our friends. but at the same time, withdrawing everything
he was stunned by his own defense minister. i think it's a mistake right now to view the egyptian defense people as hostile or, acting contrary to their own country's interests. if egypt falls apart, everything falls a i part. -- apart. they don't want that. melissa: mike barrett, this is great point. in some sense wee don't know who we're giving the planes to. >> i used to live in turkey. i love it as a country. we see islamist oriented government has taken over the reins in terms of...
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on defense spending, i understand as well as anyone else that we've made half a trillion culls to defense spending. there's not a lot more there, and so that focuses the need on cuts elsewhere which can be made without slashing. i understand your point without slashing or decimating medicare. neil: you're optimistic a deal is made? put you down as likely? >> the hopeful corner. neil: senator, thank you very much. the man who used to be considered early on an economic man to obama, the economist who says, you know, it wouldn't be the worst thing in the world missing the end of the year deadline, especially if it leads next year to a better deal. %-dangerous as you think. after this. ♪ the capitaone cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50%
on defense spending, i understand as well as anyone else that we've made half a trillion culls to defense spending. there's not a lot more there, and so that focuses the need on cuts elsewhere which can be made without slashing. i understand your point without slashing or decimating medicare. neil: you're optimistic a deal is made? put you down as likely? >> the hopeful corner. neil: senator, thank you very much. the man who used to be considered early on an economic man to obama, the...
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it's not that the defense budget can't be cut. we already mandated 500illion in cuts over ten years. this is another 500 billion meaning roughly, next year, starting in january, another 58 billion in 2013 comes out. that means we're going to have a major impact on our readiness, and that's always considered to be the third rail. you touch readiness, our ability to fight, the morale of the troops, weapons, systems, ammunition, and capability of carrying out the mission. it's not that defense can't be cut. it's not how much you spend, but how you spend it. you start taking across the board cuts, that's december -- decimating the logic of funding the strategy. neil: i know you work hard in your career, senator, to be bipartisan about this, served as a republican and democrat in the administration, but many say republicans signed on to this, and, you know, as part of this fiscal backup to a backbone, this was going to be it, and they aggeed to it, and now they are whining about it. >> they signed up feeling the congress would be so co
it's not that the defense budget can't be cut. we already mandated 500illion in cuts over ten years. this is another 500 billion meaning roughly, next year, starting in january, another 58 billion in 2013 comes out. that means we're going to have a major impact on our readiness, and that's always considered to be the third rail. you touch readiness, our ability to fight, the morale of the troops, weapons, systems, ammunition, and capability of carrying out the mission. it's not that defense...
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there seven days a week, 365 days out of the year, to make sure that you provide the -- the common defense and protect this nation from its enemies. we need to be focused on what we need to do right now, that is to come up with a solution for solving the spending problem we have in this country. not a revenue issue. that's why i say negotiating with the president is really not a smart thing to do because $250,000 -- you know, you want to raise taxes on those tax rates? that's not going to solve the problem. it is really just taking a teaspoon of water out of the ocean. >> greta: there are two issues. the things that really rubs me the wrong way, i have been saying this for 18 months, everybody in washington -- from the president on down, everybody has known about the fiscal cliff. they had the super committee that was supposed to decide by november or december of last year. the super committee wasn't able to reach an agreement. so what did they do? stop. they didn't work the next month. there was nothing to stop the super committee or the president or leader pelosi, complaining about losin
there seven days a week, 365 days out of the year, to make sure that you provide the -- the common defense and protect this nation from its enemies. we need to be focused on what we need to do right now, that is to come up with a solution for solving the spending problem we have in this country. not a revenue issue. that's why i say negotiating with the president is really not a smart thing to do because $250,000 -- you know, you want to raise taxes on those tax rates? that's not going to solve...
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we take itll up with he foundation for defense of democracy here next. stay with us. ♪ lou: breaking news. u.s. officials confirmed that the egyptian authorities have detained a man who has been described variously as, perhaps, an alleged ringleader of an egyptian terrorist network linked to the september 1th attack on the u.s. consulate in benghazi. the united states ambassador and three other americans were killed. also tonight, egyptian president urging national dialogue still, but moving forward with his referendum on an islamist back to constitution. the new york times bureau chief in cairo, david kirkpatrick insting th the muslim brotherhood s not, and i do ," not violent by nature and have come over the last couple of decades, you off me and mor into a moderate conservative but religious moderate regular old political frce. well, joining us now is jonathan chancellor, former counter-terrorism analyst, current vice president of research for the foundation for defense of democracy, and it is good to have you with us. your eaction to kirkpatrick's
we take itll up with he foundation for defense of democracy here next. stay with us. ♪ lou: breaking news. u.s. officials confirmed that the egyptian authorities have detained a man who has been described variously as, perhaps, an alleged ringleader of an egyptian terrorist network linked to the september 1th attack on the u.s. consulate in benghazi. the united states ambassador and three other americans were killed. also tonight, egyptian president urging national dialogue still, but moving...
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is basically putting a defense. >> the chinese put up a fence. we couldn't buy if it were a chinese enterprise. we can stop this because the committee on foreign investment in the u.s. has the final say on sensitive acquisitions. and so they cann stop the acquisition. tracy: that probably should have >> they should. tracy: thank you fobeing here. the coming collapse of china. it is coming. >> it is. tracy: we want to know wha you think about all this. here is our question tonight. is the u.s. still a superpower or will china be number one soon? log onto gerriwils.com and vote on the right hand side of the screen command we will share the results of the end of the show. coming up, is it the case of false advertising? "consumer repports" says the fod fusion is not as green as ford says it i. come on. we're going to have details trick from the magazine's mount next. ♪ [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods [ heart rate increases ] man: a few inches of water caused all this? [ heart rat
is basically putting a defense. >> the chinese put up a fence. we couldn't buy if it were a chinese enterprise. we can stop this because the committee on foreign investment in the u.s. has the final say on sensitive acquisitions. and so they cann stop the acquisition. tracy: that probably should have >> they should. tracy: thank you fobeing here. the coming collapse of china. it is coming. >> it is. tracy: we want to know wha you think about all this. here is our question...
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industry, defense industry alone is looking at hundreds of thousands of job cuts next year with nos mandatory cuts go into effect. i'm not saying they are. so it's both cutting and taxing, we're too focus on the tax. bottom line, the government takes it out of the system cutting and raising taxes and the small or deficit. that means that people are going to be out of work, almost by definition in the short run. but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happens the worse case scenario, but in five years we won't be not able to borrow money. >> brenda: julian, you can go ahead and respond. >> first of l, the ernst & young study has been debunked over and ov. and number two, the bush tax cuts, if you let the bh tax cuts. the crs study was a republican study and found the same thing as the cbo. if you let bush tax cuts expire on everybody, yes, you would have negative economic impact. the two staetudies done recentl shows the top tw
industry, defense industry alone is looking at hundreds of thousands of job cuts next year with nos mandatory cuts go into effect. i'm not saying they are. so it's both cutting and taxing, we're too focus on the tax. bottom line, the government takes it out of the system cutting and raising taxes and the small or deficit. that means that people are going to be out of work, almost by definition in the short run. but in the long run it's a healthier economy that doesn't go down the path of...
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therapists who are convinced these gentle animals can help tame feuding couples by breaking down emotional defenses and helping heal past traumas. >> because horses are so sensitive, they can help us determine what a couple is actually really feeling. >> walk, walk. go! >> he's telling me that you don't really mean it. >> reporter: so, we came to colorado to follow this couple's last ditch effort to save a scrumabling relationship, using horse therapy. >> we have piled problem on top of problem on top of problem for years, who knows what's at the bottom of that. all by yourself. >> reporter: though never married, justin and lyz are raising two sons. lately, the bickering and fighting got so bad, he reluctantly moved out. but now, he'll try just about anything to make his family whole again. >> first thing we're going to do today is just actually go meet the herd. >> reporter: justin is drawn to the most aggressive horse on the ranch, danny, who came here after surviving a grizzly bear attack. danny isn't fitting in, which hits home for justin, who feels exiled from his own herd. >> i think that lyz
therapists who are convinced these gentle animals can help tame feuding couples by breaking down emotional defenses and helping heal past traumas. >> because horses are so sensitive, they can help us determine what a couple is actually really feeling. >> walk, walk. go! >> he's telling me that you don't really mean it. >> reporter: so, we came to colorado to follow this couple's last ditch effort to save a scrumabling relationship, using horse therapy. >> we have...
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you will see more of that not only for self-defense and some protection but a lot of people are worried about our government, worried about the fiscal situation, they see a lot of instability and they want to protect themselves. stuart: one more topic, the sec slapped netflix with a violation of for a facebook status. scott? netflix posts something on facebook instead of making a formal declaration. the sec doesn't like it. all the problems of being a publicly traded company. you are private. >> wear private. i would never go public. as a privately held company we deal with regulation and reasonable regulation is needed in any financial services business but to go public and make a statement on facebook, the sec is standing there waiting when you are a public company for you to trip. they found this as a trip for him to make this statement on facebook and facebook is a public forum. stuart: when you don't want intrusion. >> i don't want intrusion. stuart: when you don't need to raise the capital to risk going public. >> we are private company and well funded and can't be purchased. life
you will see more of that not only for self-defense and some protection but a lot of people are worried about our government, worried about the fiscal situation, they see a lot of instability and they want to protect themselves. stuart: one more topic, the sec slapped netflix with a violation of for a facebook status. scott? netflix posts something on facebook instead of making a formal declaration. the sec doesn't like it. all the problems of being a publicly traded company. you are private....
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but in mcafee's defense, he probably did kill his neighbor. charles: he could be charlie sheen's friend. that would be a sight to see. thanyou, we will talk to you later. meanwhile, while everyone is worried about the economy plunging over the cliff, it looks like the funding for medical devices has already fallen over the cliff. investors are now pulling the plug. >> they make heart comes and stands and prosthetic devices for returning soldiers. they make devices to work on brain tumors. what is happening is that obamacare, we are finding all sorts of odd taxes that are coming out. now, we are seeing the medical device tax is a big one. bacally, this is a t that will hit the medical industry, and it doesn't hit profits, it hits their sales. charles: the products that keep us alive and help us, by the way, when u say there is not going to be attacks a tax on the middle class, this taxes every person that may ever have to go to a hospital and meet one of thesedevices. >> yes, that's right. 43,000 js cut possibly in this industry. this is an ind
but in mcafee's defense, he probably did kill his neighbor. charles: he could be charlie sheen's friend. that would be a sight to see. thanyou, we will talk to you later. meanwhile, while everyone is worried about the economy plunging over the cliff, it looks like the funding for medical devices has already fallen over the cliff. investors are now pulling the plug. >> they make heart comes and stands and prosthetic devices for returning soldiers. they make devices to work on brain tumors....
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the foundation for defense of democry joins us he in moments. the unemploymt rate drops. so did the number of worers in the labour force. we will be taaking abouthis economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. can i help you? i heard you guys can ship ound for less than the ups store. thas right. i'vlearned the only way to get a holay deal is to camp out. you know we've been open all night. ithis a trick to get spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedexffice. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional pr
the foundation for defense of democry joins us he in moments. the unemploymt rate drops. so did the number of worers in the labour force. we will be taaking abouthis economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. can i help you? i heard you guys can ship ound for less than the ups store. thas right. i'vlearned the only way to get a holay deal is to camp out. you know we've been open all night. ithis a trick to get spot? [...
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we take it a up with the foundati for defense of democracy here next. democracy here next. stay with us. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, buding blocks for the whheart of your portfolio.p. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lou: breaking news. u.s. officials confirmed that the egyptian authorities have detained a man who has been described vaiously as, perhaps, an alleged ringleader of an egyptian terrorist network linked to the september 11th attack on the u.s. consulate in benghazi. the united states ambassador and three other aericans were killed. also tonight, egyptian president urging national dialogue still, but moving forward with his referendum on
we take it a up with the foundati for defense of democracy here next. democracy here next. stay with us. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, buding blocks for the whheart of your portfolio.p. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which...
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party has stood for over the years, bill, one of them is low tax rates, and the other one is strong defense. so who has the most to lose if the fiscal cliff is breached? i think the answer is self evident. i'm not saying it's a good outcome but the polling all shows that the public would blame the republicans for the outcome, so they end up not stopping an outcome which is most negative for them, and they get the blame for it. >> bill: wonder why that is. wonder why that is. why do you think -- look. it's fairly aapparent that barack obama has put no meaningful cuts, spending cuts on the table. anybody who pays attention knows that. the president does not want a cut. he wants the big government. he wants to spend. in fact, he wants 500 million more to throw into some stimulus that hasn't worked the first two times he tried it. why do the american people say it's the g.o.p.'s fault when the president obviously isn't giving anything at all up? >> well, bill you know that and i know that in part because we watch fox news, and fox news reports it that way which is the straight forward way to re
party has stood for over the years, bill, one of them is low tax rates, and the other one is strong defense. so who has the most to lose if the fiscal cliff is breached? i think the answer is self evident. i'm not saying it's a good outcome but the polling all shows that the public would blame the republicans for the outcome, so they end up not stopping an outcome which is most negative for them, and they get the blame for it. >> bill: wonder why that is. wonder why that is. why do you...
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lou: is our shannon pointed out, taking on proposition 8 and the defense of marriage act. it looks like it might be a little broader than we might have expected. >> it could be, but they have narrowed a broad, potentially broad, decision before. you have two swing justices here. the chief justice and, you know, obviously, the other guy that everybody's watching, but i don't think you can predict this one. adam, a really well-respected legal scholars, thinks they would narrow it, and i suspect he's right. lou: going through a lot of trouble, creating controversy and hoopla for just a little thing. you know, it's the day of big issues and little results. >> you got to love it. when it comes to love and marriage, they have the urge to merge on the supreme court, merging them together. we love that. lou: very quickly, the last
lou: is our shannon pointed out, taking on proposition 8 and the defense of marriage act. it looks like it might be a little broader than we might have expected. >> it could be, but they have narrowed a broad, potentially broad, decision before. you have two swing justices here. the chief justice and, you know, obviously, the other guy that everybody's watching, but i don't think you can predict this one. adam, a really well-respected legal scholars, thinks they would narrow it, and i...
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at this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran second to mitt romney, many argue now with -- i think this is -- republicans are running with tail between their legs, and they are a lighter blue. >> they are referred to as cheap democrats. neil: you are persona nongratta now. or party we knew is gone. >> i'm hoping that is not the case. i'm hoping we'll have new members come in. and you know, we -- just sawaw , i got involved in not a fiscal thing but it had to do with a u.n.reaty that the left's to s to hoist on u.s. that thing was going to pass, we got involved, an organization that i run, patriot voices, we stirred up the pot, got people to pay attention. neil: you are a force, you are a very commanding force it would be in upper tier of perspective presidential candidate. >> i appreciate, that but point is, i do not say that to pat our organization on the back. neilback. >> i want voices of america to
at this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran second to mitt romney, many argue now with -- i think this is -- republicans are running with tail between their legs, and they are a lighter blue. >> they are referred to as cheap democrats. neil: you are persona nongratta now. or party we knew is gone. >> i'm hoping that is not the case....
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defense attorneys for. to asking a judge to and gps monitoring. those are your headlines. dagen: thank you. british banking giant agreeing to pay almost $2 billion. more than $1.9 billion. a record amount for a allowing money laundering to go on for years. this is the largest penalty ever paid. it is a nonprosecution agreement. if it changes its ways it will not be prosecuted. if you think the government is draining your wallet, you may want to take a closer look at those people around your house. what they are carrying around and using. i am talking about apple products. households spend an average of $450 on those devices in 2011. nearly tripled the amount in 2011. analysts are calling it an apple tax. no, it is just, you are spending money on stupid apple products. under intense pressure to curb its budget, the army is due this thing a growing number of soldiers that did not meet fitness standards. the number of active duty military personnel deemed obese, more than tripled. obesity is now the leading cause of ineligibility for people who want to join the army. connell:
defense attorneys for. to asking a judge to and gps monitoring. those are your headlines. dagen: thank you. british banking giant agreeing to pay almost $2 billion. more than $1.9 billion. a record amount for a allowing money laundering to go on for years. this is the largest penalty ever paid. it is a nonprosecution agreement. if it changes its ways it will not be prosecuted. if you think the government is draining your wallet, you may want to take a closer look at those people around your...
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no, i have not reduced the budget for the defense. but what he has done, melissa is move his green agenda into the, under the defense so we're paying for all this. now, senator mccain and i took this out. we had two changes that we made in the law to keep them from doing that. one was a section that said you can no longer use our readiness dollars to buy all this fuel and all this stuff. and then, we also have had a prohibition against using defense dollars to build refineries. that can be done in the private sector. well on the floor there was an amendment, pretty much down party lines. mark udall had one amendment and hagen had the other one, to kill our efforts, to keep them from using our defense dollars for a green agenda. melissa: does anybody at the white house understand when people are upset having their taxes raised, there are a lot of people out there that want to raise everybody's taxes when you get upset about having your own taxes raised we see ridiculous spending like this going on. if you can't spend my tax dollars res
no, i have not reduced the budget for the defense. but what he has done, melissa is move his green agenda into the, under the defense so we're paying for all this. now, senator mccain and i took this out. we had two changes that we made in the law to keep them from doing that. one was a section that said you can no longer use our readiness dollars to buy all this fuel and all this stuff. and then, we also have had a prohibition against using defense dollars to build refineries. that can be done...
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he said we've already cut defense. there's double cutting on both sides. >> why don't we cut foreign aid? why don't we cut -- we always talk about medicare and social security. we give a lot of money to farmers. we have big foreign aid. a lot of countries we're probably thinking you don't want to give it to. >> i think we should eliminate foreign aid with one exception, and that is we should share with people that understanding of how we did it. fernando desoto who's been out in various countries getting property rights established so that people who live on land -- most of the people in egypt live on land they don't own. live in homes that they don't technically own. they can't sell them. they can't go away for a long period of time. maybe a quarter of it is on land that's unconstitutional to live on. >> so cut that. >> but don't give them cash. but do explain to them, that the property rights are kind of important if you want to build a free society. >> how about negotiating with these drug companies? you know, the r
he said we've already cut defense. there's double cutting on both sides. >> why don't we cut foreign aid? why don't we cut -- we always talk about medicare and social security. we give a lot of money to farmers. we have big foreign aid. a lot of countries we're probably thinking you don't want to give it to. >> i think we should eliminate foreign aid with one exception, and that is we should share with people that understanding of how we did it. fernando desoto who's been out in...
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you have a defense that you have a bleeding defense sector stock. that will obviously be impacted greatly depending on what happens. if you look at lockheed martin over the last six-eight weeks, it really has held its own. it is trading in a fairly narrow range. it is trending near its all-time high. maybe a barometer of what they happen to some of these stocks depending on the fiscal cliff. maybe things will not be so bad. on the other hand, now you have a stock in a completely separate sector. locate gap stores. all of a sudden end of last week, we saw this huge drop. the stock down about 15%. liz: what is it about gap at this point? >> >> it has been on such a great rally. i think there is some sentiment that because they did not announce any sort of forward diviiend that some of the investors are disappointed. with this thursday coming out with november retail sales data, people are thinking it is maybe not so good much like people are saying at apple that people are taking money off the table, that may be the same story with gap. liz: one story
you have a defense that you have a bleeding defense sector stock. that will obviously be impacted greatly depending on what happens. if you look at lockheed martin over the last six-eight weeks, it really has held its own. it is trading in a fairly narrow range. it is trending near its all-time high. maybe a barometer of what they happen to some of these stocks depending on the fiscal cliff. maybe things will not be so bad. on the other hand, now you have a stock in a completely separate...
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as you know, house republicans are in defense of that law. there was a $1.5 million cost cap outside counsel to fund that, but according to house democrats, that cost cap has decreased. do you is not the idea of raising that to pay for it? >> if the justice department is not going to enforce the law of the land, the congress will. thank you all. >> there's house speaker john boehner walking off the podium after handling a number of questions. what he seemed to underscore is the fact that there has not been much progress made. he said it is clear the president has not committed to cutting spending. the president needs to step up at this time and that the president is intent on slow walking the economy right up to the edge of the fiscal cliff. as for market reaction, markets taking a little bit of a pause here. we're off the session lows at this point. what was notable, though, was a pop in the volatility index. and that was up by 2% at last check. let's bring in john harwood to get more reaction to what speaker boehner just said. john. >> repo
as you know, house republicans are in defense of that law. there was a $1.5 million cost cap outside counsel to fund that, but according to house democrats, that cost cap has decreased. do you is not the idea of raising that to pay for it? >> if the justice department is not going to enforce the law of the land, the congress will. thank you all. >> there's house speaker john boehner walking off the podium after handling a number of questions. what he seemed to underscore is the fact...
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we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary, and if you cut benefits, you lose everywhere, no matter republican or democrat. everybody knows that. dic dicey. >> running for higher taxes? i mean, look, i'm not pro -- i think that frits van paasschen who has a big bet on china, he laid it out. he said we need both. i was listening to cody from honeywell, it's a dangerous position to want both tax increases and entitlement cuts. i hear very few politicians wanting to do that. >> speaking of china, by the way, mostly upbeat data out of china. 10.1% in november, strongest since march. exports rose at a weaker pace. the planned resignation of italian prime minister mario
we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary,...
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lou: defense officials have identified highly decated decorated -- decorat navy seal that was killed over the weekend. 28 year-old from pennsylvania of member of tte eliteeal team six kill in combat during the mission to rescue dr. seph who was adopted by the taliban last wednesday successfully rescued by special operation forces one congressmen pilot at the federal budget and his reco before going on the talk-show. here he is yesterday. >> one of the issues left alone as the mischa who was responsible, how we got here and tolay in medicare and medicaid and social security as the drivers of the deficit. two wars on a credit card? financial institutions. lou: amnesia apparently is contagious. here are the fac with an 40% ofhe budget is spent on medicare and social security. the congressmen could recall e voting record himself he vod to approve more spending four times over the past five years. grace of workers made national headlines when a local affiliate, the drinking and smoking marijuana during the lunch break. >> high. shouldn't you be building cars? don't you work at the chrysle
lou: defense officials have identified highly decated decorated -- decorat navy seal that was killed over the weekend. 28 year-old from pennsylvania of member of tte eliteeal team six kill in combat during the mission to rescue dr. seph who was adopted by the taliban last wednesday successfully rescued by special operation forces one congressmen pilot at the federal budget and his reco before going on the talk-show. here he is yesterday. >> one of the issues left alone as the mischa who...
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cowboys' defensive lineman josh brent charged with manslaughter. he was allegedly driving while intoxicated. america's team honoring their fallen teammate with a close win over cincinnati yesterday. and parts of the midwest digging out after a storm that unleashed blizzard conditions over the weekend, dropping about 16 inches of snow on minneapolis. more than 600 crashes and over 1900 spinouts thanks to the blizzard. and those are your headlines, now back to cheryl. cheryl: all right, lauren, not readies for that snow just yet anyway. lauren, thank you very much. martial law in egypt where the military has been given new authority to arrest protesting civilians and take a look at this. president mo hard morsi on the cover of this week's time magazine known as the most important man in the middle east. nani, what did you make of him being on the cover of time magazine? were you surprised he has risen to prominence when he barely won the election back in june? >> i believe this is, you know, morsi, anybody who rules in egypt is going to be prominent
cowboys' defensive lineman josh brent charged with manslaughter. he was allegedly driving while intoxicated. america's team honoring their fallen teammate with a close win over cincinnati yesterday. and parts of the midwest digging out after a storm that unleashed blizzard conditions over the weekend, dropping about 16 inches of snow on minneapolis. more than 600 crashes and over 1900 spinouts thanks to the blizzard. and those are your headlines, now back to cheryl. cheryl: all right, lauren,...
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he can turn and say to my want to restore some ofhis funding that my secretary of defense and joint chiefs of staff told me i need to restore and can position himself as sort of the protector of u.s. national security. so there are some clear incentives to the president to lead the country over the fiscal cliff. do i think that's what he wants? probably not, but do i think there are incentives for him to do it temecula. gerri: never looked at it that way. as you look at this debate on going, there are a lot of folks who say we will be frting with recession or in recession if we do go over the cliff. do you agee? >> that happens only if wego off the cliff and stay off for an extended amount of time. to we don't go into recession just because we don't have a resolution on janua the first. it's a question of whether we have no resolution at that time but it seems that it's likely to a come within a short time. the longer we go into january with no resolution the more likely that we do go off the iff into recession. gerri: the broader conern is if we confined in the ground. great to have you o
he can turn and say to my want to restore some ofhis funding that my secretary of defense and joint chiefs of staff told me i need to restore and can position himself as sort of the protector of u.s. national security. so there are some clear incentives to the president to lead the country over the fiscal cliff. do i think that's what he wants? probably not, but do i think there are incentives for him to do it temecula. gerri: never looked at it that way. as you look at this debate on going,...
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will feel it will be with payroll tax, and amt, alternative minimum tax, cut to medicare, and cuts to defense. that is for real, that happens. that is immediate. the rise in rates due to obamacare, and the bush tax cut expiring, those actually do not take effect, they will not owe them until 2014, i think that president thinks he has time. but, this is -- this is why it important i think, for us to tell the truth. and be grown ups, the president thinks in short-term, he can just continue to go out and campaign, and maybe in short-term republicans will take will blame. i'm ready to take the blame, i am going to tell the truth to my constituents. lou: take the blame. that is an interesting eing expression. the fact is, his ultimatum is only -- the only decision taken that will result in this occurring, rather than a collective bargain heaed positi. i do not see where republicans should take any blame, why isn't your leadership, if you will, say, you go ahead, you own it you eat it? lou: i believe at the end of the day that is what we'll say. but for right now, lou we're still here, we're workin
will feel it will be with payroll tax, and amt, alternative minimum tax, cut to medicare, and cuts to defense. that is for real, that happens. that is immediate. the rise in rates due to obamacare, and the bush tax cut expiring, those actually do not take effect, they will not owe them until 2014, i think that president thinks he has time. but, this is -- this is why it important i think, for us to tell the truth. and be grown ups, the president thinks in short-term, he can just continue to go...
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but the neurospace defense command says at no time was it a threat to north america. now back to "on the record" with greta van susteren. senator rant democrats dig their own grave. he says let democrats raise taxes on everybody. senator paul telling republican colleagues senator to vote present on a deal allowing democrats to push through their tax hikes. why would rand paul want to take that tactic? the senator joins us. good evening, sir. >> good evening, greta. >> explain to me why you think that's a good tactic. >> i think what we should do first of all is put forward what we are for. if they are in the house the house leadership should put something forward that extends the bush tax cuts forever and has significance spending cuts, and i think they passed that. the democrats won't accept that and were unwilling to stay by our position, then i had say let them pass a tax increase on the upper increase folks but let it do it with their votes, not our votes. republicans vote present, democrats pass the tack increase with only democrat votes and then the democrats ar
but the neurospace defense command says at no time was it a threat to north america. now back to "on the record" with greta van susteren. senator rant democrats dig their own grave. he says let democrats raise taxes on everybody. senator paul telling republican colleagues senator to vote present on a deal allowing democrats to push through their tax hikes. why would rand paul want to take that tactic? the senator joins us. good evening, sir. >> good evening, greta. >>...
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>> no, i don't ever think that it's wise to keep your mouth shut because i think truth is a defense. and it's unfortunate if in fact the case he has been punished either by the consumer or investors for that matter speaking out personally or politically. but here's the reality of the battlefield. nothing's changed post-election as opposed to pre-election. the, uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about frankly. the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all business is not created equal. and the president's jobs council who has some wonderful folks, some friends of mind on it, wholly inefficient in my view because there is no representation from small business on that jobs council. melissa: catherine, let me ask you, what i look what happened with the case in darden, it seems like what happened to a bunch of different companies, my take at the end of the day, for sure they're not goin
>> no, i don't ever think that it's wise to keep your mouth shut because i think truth is a defense. and it's unfortunate if in fact the case he has been punished either by the consumer or investors for that matter speaking out personally or politically. but here's the reality of the battlefield. nothing's changed post-election as opposed to pre-election. the, uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about frankly. the overburdensome regulatory...
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. >> let me ask you this, in defense of the product -- in defense of the card, if you drink starbucks every single day, this covers you for half a year. >> ten weeks. well, if you do a latte a day -- >> did you do the math? you're so smart. >> speaking of rain man. >> what's the conclusion? what do you get? >> ten weeks of coffee, that's not enough. >> that's what the conclusion is. >> and i want the other $50 too. >> yes. >> you're spending the money anyway and get all the privileges. >> oh, the privileges. >> that's fantastic. the privileges. >> and did i -- >> look at our pearl lined toilet because you have the steel card. >> you do impress the ladies when you have that card, though. >> do you really, though? >> if you're taking your date to starbucks. >> all right. we've got to get to our take three because we have a special guest on the phone. we've seen a lot of these around the holidays where people light up the house and put music with it. let's watch this from idaho. >> oh, my god. >> is the music emanating from the home? >> no, it's on a radio station. >> you just see the li
. >> let me ask you this, in defense of the product -- in defense of the card, if you drink starbucks every single day, this covers you for half a year. >> ten weeks. well, if you do a latte a day -- >> did you do the math? you're so smart. >> speaking of rain man. >> what's the conclusion? what do you get? >> ten weeks of coffee, that's not enough. >> that's what the conclusion is. >> and i want the other $50 too. >> yes. >> you're...
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defense may be under pressure, consumers may be under pressure. global technology may get a green light in all of this. what it will do is sort out winners from losers and allow investors to focus energy and money. the market wants to go higher at this point. >> dan, i'll tell you what market should go higher in all of this, u.s. treasury market, if spending goes down and tax grab from the taxpayers going up, ie, government revenue, shouldn't that boost u.s. treasuries? >> boost prices? >> why not? >> certainly to the extent austerity is more vicious -- >> and the dollar. >> than is currently modelled, that would be optimistic for treasury market and currency market. listen, at the end of the day, this whole idea of the fiscal cliff, they are going to figure this out and kick the can down the road and give themselves nine months or a year to figure this out. it's not going -- this is not going to stick. is just simply not. >> dan, here is the problem. if they wait until fourth of july to get this done -- how long is the can? call it mamp when they
defense may be under pressure, consumers may be under pressure. global technology may get a green light in all of this. what it will do is sort out winners from losers and allow investors to focus energy and money. the market wants to go higher at this point. >> dan, i'll tell you what market should go higher in all of this, u.s. treasury market, if spending goes down and tax grab from the taxpayers going up, ie, government revenue, shouldn't that boost u.s. treasuries? >> boost...
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he wants less defense spending. he gets that by going off the cliff, and he wants the republican brand damaged which he gets by going over the cliff. what incentive does he have to sit down and negotiate? none. lou: why is the republican party throwing over reagan omics, free enterprise, growth, individual freedom, smaller government, you know, and lower taxes over this? are you kidding me? the republican leadership is also incentivized just as well as the president as you know, congressman, and they will get twice -- get spending cuts, sequestering goes into effect. you're going to see, obviously, domestic and defense budgets cut, but you'll see a tax increase here, but the fact is you get nothing if you don't do the fiscal cliff. >> well, among my many limitation is the inability to read other people's minds. i don't know what spaker boehner's thinking, but i know what he tells us in conference and private. lou: you can speak freely here. >> well, spiker boehner believes and convinced me he's negotiating with hims
he wants less defense spending. he gets that by going off the cliff, and he wants the republican brand damaged which he gets by going over the cliff. what incentive does he have to sit down and negotiate? none. lou: why is the republican party throwing over reagan omics, free enterprise, growth, individual freedom, smaller government, you know, and lower taxes over this? are you kidding me? the republican leadership is also incentivized just as well as the president as you know, congressman,...
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. >> i was talking to a defense analyst the other day. he said the problem with all of this is the fact i'm worried about my 9-year-old. i'm worried about my 15-year-old. they're going to be paying unbelievable tax rates because we are dumping all of this on them. so on the one hand, yes, it looks like -- he looks a little crazy in this. a little goofy. at the same time, he's appealing to kids because, guess what? it's on you, kids. >> and you know what? i'm thinking that generation is not listening right now. they're not paying attention. >> when they pay the tax rates at 90% or 75% like france is doing, they'll listen. thanks, alan simpson. >> we applaud your efforts there, senator. good job. all right. we'll come back with the closing countdown. market still losing altitude. up just 94 points. >> after the bell, he said there will be no fiscal cliff deal without higher tax rates. find out if treasury secretary tim geithner thinks going over the deal is a better option than compromising on revenue. he joins us at 4:00 p.m. eastern. you'
. >> i was talking to a defense analyst the other day. he said the problem with all of this is the fact i'm worried about my 9-year-old. i'm worried about my 15-year-old. they're going to be paying unbelievable tax rates because we are dumping all of this on them. so on the one hand, yes, it looks like -- he looks a little crazy in this. a little goofy. at the same time, he's appealing to kids because, guess what? it's on you, kids. >> and you know what? i'm thinking that generation...
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and its allies are using defense contractors to train syrian rebels on how to secure chemical weapons stockpiles. our sources say the training is taking place in jordan and it,ky. they tell us the syrian rebels are being trained on how to monitor and secure stockpiles but also on handling the weapons sites and weapons materials. >> how dicy is it to train syrian rebels on actually handling the materials? >> on the one hand, these may be individuals who are going to be the first ones into some of these sites. they have to know what safety precautions to take, otherwise they're not going to want to go in and they have to know what to look for. >> reporter: leonard specter is a chemical weapons expert. he says they are confident the syrians have cerron and mustard gas, a blistering agent. they may also have cyanide and vx. if these materials are mishandled -- >> probably what would happen is that individuals nearby would be terribly affected. perhaps killed or certainly injured in some serious fashion. but there might not be too much by way of more distant consequences because these woul
and its allies are using defense contractors to train syrian rebels on how to secure chemical weapons stockpiles. our sources say the training is taking place in jordan and it,ky. they tell us the syrian rebels are being trained on how to monitor and secure stockpiles but also on handling the weapons sites and weapons materials. >> how dicy is it to train syrian rebels on actually handling the materials? >> on the one hand, these may be individuals who are going to be the first ones...
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so all these jobs coming up, state, defense, cia, all will need to be confirmed by the senate and will be announced maybe at once and before christmas. maybe this is the time to have the debate about the way our national security is run. the debate we did not necessarily have before we started making big fundamental changes to that system that mostly just still get discussed behind closed doors. joining us now is senator claire mccaskill, chair of the support subcommittee. thank you for being here. >> it's great to be here. >> you and i have had a lot of interesting conversations over the years about national security. in part, because we have some differences of opinion on it. did i say anything that struck you as a misstatement of the facts? >> it's important to point out that the enemy of today is a much different enemy than the enemy that our country worried about when we were very young, during my parent's generation and their parent's generation. this is an enemy that's all over the world. they have the ability to strike at us as we saw on 9/11. so the necessity that our governme
so all these jobs coming up, state, defense, cia, all will need to be confirmed by the senate and will be announced maybe at once and before christmas. maybe this is the time to have the debate about the way our national security is run. the debate we did not necessarily have before we started making big fundamental changes to that system that mostly just still get discussed behind closed doors. joining us now is senator claire mccaskill, chair of the support subcommittee. thank you for being...
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defense, state, treasury, and ag. we have one african-american as attorney general. doesn't he have to have a woman in the big four? don't you think? >> absolutely. janet napolitano for ag, but maybe there is a woman for treasury secretary. >> look, brainard is well respected in the international -- been involved in the european debt crisis. i think she could be somebody you see sort of re-emerge as a potential leading candidate. >> i think looking like america is a big deal these days, a very big deal. thank you so much andrea mitchell. thank you, chuck todd. chuck, you're staying with us on this political thing we're doing next. >>> coming up, the results of our new poll are in and one thing is clear. the republican party has a sorry reputation right now. do you believe that? big time. the most frequent words people use to describe the party are bad, weak, and negative. for all the millions the party spent to sell its candidates, the american public really doesn't like what it sees when it hears the word republican. >>> plus, a preview of coming attractions. hillar
defense, state, treasury, and ag. we have one african-american as attorney general. doesn't he have to have a woman in the big four? don't you think? >> absolutely. janet napolitano for ag, but maybe there is a woman for treasury secretary. >> look, brainard is well respected in the international -- been involved in the european debt crisis. i think she could be somebody you see sort of re-emerge as a potential leading candidate. >> i think looking like america is a big deal...
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we still want to be in very defensive sectors. and that really has nothing to do with the fed. which was the original question that you were asking. i think it has to come much more from the fiscal and the regulatory side and it doesn't look like you're going to get much of a deal there. >> hmm. so you -- you think -- so now we're back to the fiscal cliff. you think there is no deal coming? or you think we're getting a baby deal? >> i think you're getting a baby deal. and i think without structural. true structural reform i don't think you're going to have the types of risk taking on the part of businesses that would generate real growth. and i think there is a yawning gap between business confidence and consumer confidence right now. capital spending is already weakened. but consumer confidence still remains relatively high. >> when does it hit the consumer? >> i think really in the first quarter. because especially if the payroll tax cut is not extended, which it seems very possible, that is a very big deal. i also think you really have to watch to see whether the debt ceilin
we still want to be in very defensive sectors. and that really has nothing to do with the fed. which was the original question that you were asking. i think it has to come much more from the fiscal and the regulatory side and it doesn't look like you're going to get much of a deal there. >> hmm. so you -- you think -- so now we're back to the fiscal cliff. you think there is no deal coming? or you think we're getting a baby deal? >> i think you're getting a baby deal. and i think...